Alternatives to Bankruptcy in New York City
Alternatives to Bankruptcy in New York City If you are looking for an alternative to bankruptcy in New York City you have probably already fallen way behind on your bills, have lost your job or are dealing with a medical crisis. Less powerful and more risky alternatives to bankruptcy do exist, but if you are […]
Bankruptcy and Divorce in New York City
Bankruptcy and Divorce in New York City Bankruptcy and divorce often go hand in hand in New York City; in fact many of our clients end up filing bankruptcy because of their divorce. It may not be pleasant, but if you can plan ahead with your spouse you will likely have a better outcome filing […]
Do I Need to Pay Rent if I File Bankruptcy in New York City?
Do I Need to Pay Rent if I File Bankruptcy in New York City? If you decide to file bankruptcy in New York City and wish to vacate your apartment you can do so without having to pay for the remaining months on the lease. You will be off the hook for any rental arrears […]
Tax Ramifications of Settling Credit Card Debt in New York City
Tax Ramifications of Settling Credit Card Debt in New York City Consumers in New York City faced with overwhelming credit card debt have a number of relief options available including debt settlement and bankruptcy. Considering the unfair stigma associated with bankruptcy many people will rush towards a debt settlement program without understanding the lasting negative […]
Can my Chapter 7 Bankruptcy be Denied in New York City?
Can my Chapter 7 Bankruptcy be Denied in New York City? Chapter 7 bankruptcy is a complicated process and not everyone will automatically qualify in New York City. There are a number of reasons a Chapter 7 bankruptcy discharge could be denied, but rest assured if you are truly underwater on your bills and unable […]
Will Bankruptcy Prevent Me from Becoming a US Citizen?
Will Bankruptcy Prevent Me from Becoming a US Citizen? New York City is synonymous with immigration, and famous for being the place many people took their first steps into America. The United States was built on immigrants and you need only come to New York City to understand why America is known as a “melting […]
Bankruptcy Co-Debtor Stay in New York City
Bankruptcy Co-Debtor Stay in New York City Normally speaking, if you have a co-signer on a home loan or credit card then both of you are responsible for paying the debt. Many times however, only one of the liable signers will file bankruptcy. The person filing is protected from their creditors by bankruptcy’s “automatic stay” […]
Midtown West Bankruptcy Attorney
Midtown West Bankruptcy Attorney Like many neighborhoods in New York City Midtown West is convenient, but expensive. Great restaurants and access to the subway may cost you over $5,000 for an average two bedroom apartment in Midtown West. If you are faced with a medical crisis, job loss or other financial misfortune paying for rent […]
How Do I Know If I Should File for Bankruptcy in New York City?
How Do I Know If I Should File for Bankruptcy in New York City? Any New Yorker facing a financial crisis should look into all of their debt relief options before filing bankruptcy, but this is best done with the help of a bankruptcy attorney. Consulting with a bankruptcy attorney doesn’t mean they will force […]
Will Chapter 7 Bankruptcy Eliminate HOA Dues in New York City?
Will Chapter 7 Bankruptcy Eliminate HOA Dues in New York City? Most of our bankruptcy clients in New York City that own their own home live in buildings with steep HOA dues. We are commonly asked if HOA dues are dischargeable in bankruptcy, and the answer largely depends upon whether you plan on keeping your […]